 | Companies Too Often Focus on Financial Drivers, not Other Considerations He Says; Low Cost, High Risk Items often Overlooked? |
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| Sourcing from Minority-Owned Businesses has more than Doubled Since Program Started in 2003 |
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| Cost Cutting Seems Tactical and Buyers want to be Strategic, one CPO says, but Notes Cost Cutting is Often Strategic; Do Annual Reduction Targets Lead to Sandbagging? |
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| Huge Year over Year Prices Increases Virtually Across the Board; Widespread Warnings on Profits Across Sectors - and Maybe More Global Unrest Over Rising Food Prices
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| New Data from CAPS Research Shows Wide Variation Among Companies to Measure Sourcing Savings; 4.26% as Percent of Total Spend Saved through Procurement Actions on Average
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| Partial Disconnect between Cash Savings and P&L is Part of the Problem; A Calculation Framework
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| Caterpillar Finds Procurement Shortcomings Hurt Profits, brings in Fresh Talent and New Ideas
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| Costs of Supplier Failure or Trouble Higher than Companies Realize, New Report Says; Companies must Become their Own Credit Ratings Agencies, Use Multiple Assessment Factors
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| Cross-Functional Collaboration is Key, McKinsey Consultant Says; Reducing Margin Volatility 20-40%
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| Agriculture, Metals Prices Soaring, Pressuring Bottom Lines; Longer Contracts, Direct Investment, Among the Weapons; Nestle Spending $500 Million to Help Coffee Growers Produce More
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